if you are supposed to not make payments for 3-4 months to prepare for debt consolidation assistance how is this possible when the automatically take their money from the checking account.
Is this for a payday loan??? Before you think about consolidating, what state do you live in and who did you borrow from?? Are your loans even legal???
How to Deal with Illegal Loans..OhioGal's Primer http://www.debtconsolidationcare.com...allenders.html PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.
You can stop them from taking money by closing the account. However, before enrolling into the debt consolidation program, you should check if these payday loan companies are legal in your state.
By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Debt Samaritan
Posts: 16655
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Is this for a payday loan??? Before you think about consolidating, what state do you live in and who did you borrow from?? Are your loans even legal???
http://www.debtconsolidationcare.com...allenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.
SOL for all states
http://www.debtconsolidationcare.com...imitation.html
Posts: 2275
Credits: 33293 Send message to good.nelly
You can stop them from taking money by closing the account. However, before enrolling into the debt consolidation program, you should check if these payday loan companies are legal in your state.
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